The Daily Populous

Tuesday November 22nd, 2022 evening edition

image for Bankman-Fried's FTX, senior staff, parents bought Bahamas property worth $300 mln

Summary Companies FTX unit bought 7 condos in high-end resort for "key personnel".

NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) - Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

The deeds show these properties, bought by a unit of FTX, were to be used as "residence for key personnel" of the company.

The property, one of the documents dated June 15 said, is for use as a "vacation home.".

Reuters searched property records at the Bahamas Registrar General's Department for FTX, Bankman-Fried, his parents and some of the company's key executives.

FTX Property Holdings Ltd, an FTX unit, bought 15 properties worth nearly $100 million in 2021 and 2022.

The property records for the penthouse, dated March 17, were signed by Ryan Salame, the president of FTX Property, and showed it was intended as "residence for key personnel.". »

Oregon Governor Issues Marijuana Pardons For 45,000 People

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I am pardoning these prior Oregon offenses, an act that will impact an estimated 45,000 individuals.

Pardons typically provide more limited relief than expungements, but the governor said the the Oregon Judicial Department will additionally be working with courts to formally seal all applicable possession records.

For example, nine congressional lawmakers sent a letter to Biden last week, imploring him to extend his pardons include immigrants who have citizenship status issues. »

Fifa and Qatar in urgent talks after Wales rainbow hats confiscated

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Fifa and the Qataris were in talks on the matter on Tuesday, where Fifa reminded their hosts of their assurances before the tournament that everyone was welcome and rainbow flags would be allowed.

Quick Guide Qatar: beyond the football Show This is a World Cup like no other.

Asked what her message would be to those wanting to bring rainbow flags into the fan festival, she smiled. »